Herbert And Nell Singer Foundation Inc
- Assets
- $59.1m
- Revenue
- $2.6m
- Investments
- $56.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/1983
- Data as of
- 12/2022
- EIN
- 13-3151548
Organization Overview
Herbert And Nell Singer Foundation Inc is located in Wilmington, DE. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herbert And Nell Singer Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Herbert And Nell Singer Foundation Inc generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Herbert And Nell Singer Foundation Inc has awarded 505 individual grants totaling $26,675,419. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelley Leibowitz Dir | 1 | $0 | |
David Sandak Dir, Sec | 1 | $0 | |
Jay H Sandak Dir, Pres | 20 | $75,000 | |
Mary E Sandak Dir, Treas | 1 | $0 | |
Stephen Sandak Dir | 1 | $0 | |
Thomas Sandak Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/22 | $108,086 |
The Erdmann Group | 12/30/22 | $417,715 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $206 |
| Interest on Savings | $23,887 |
| Dividends & Interest | $1,375,471 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,171,665 |
| Capital Gain Net Income | $1,171,665 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,725 |
| Total Revenue | $2,572,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $46,771 |
| Pension plans, employee benefits | $9,589 |
| Interest | $0 |
| Taxes | $35,931 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $965 |
| Printing and publications | $0 |
| Other expenses | $115,054 |
| Total operating and administrative expenses | $709,168 |
| Contributions, gifts, grants paid | $3,826,788 |
| Total expenses and disbursements | $4,535,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,582,696 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $609 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,077,805 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Herbert And Nell Singer Foundation Inc has awarded $3,826,788 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR THE GREAT LAKES PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PURPOSE: TAUB CENTER FOR SOCIAL POLICY STUDIES IN ISRAEL | $100,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PURPOSE: TAUB CENTER 40TH ANNIVERSARY CELEBRATION | $10,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PURPOSE: CHARITABLE EVENT | $85,000 |
AMERICARES FREE CLINIC INC PURPOSE: GENERAL & UNRESTRICTED | $25,000 |